Multiple Choice
In the simple Keynesian model,equilibrium exists when
A) actual investment equals realized investment.
B) exports equal imports.
C) savings is equal to government spending plus desired investment minus taxes.
D) national product is equal to consumption minus desired investment plus government spending.
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q17: In the Keynesian model,changes in aggregate supply<br>A)are
Q18: Which of the following does not impact
Q19: Which of the following are equilibrium conditions
Q20: Keynes believed that the instability in income
Q21: An increase in the interest rate<br>A)reduces planned
Q23: In the equation Y = (1/1 -
Q24: The short-run refers to a period<br>A)of a
Q25: In the simple Keynesian model (no money
Q26: Income has risen in the simple Keynesian
Q27: In the Keynesian model,exogenous variables include<br>A)planned investment.<br>B)taxes.<br>C)planned